Auto Financial Group (AFG)

$750.00

$750 set up & $1.00 per submission to AFG

Auto Financial Group (AFG), a Houston-based company, provides an online, residual based, walk-away vehicle financing product called AFG Balloon Lending, as well as vehicle leasing and vehicle remarketing to financial institutions across the United States.

AFG provides:

  • User friendly technology – A customized web-based residual value and payment quoting calculator
  • Guaranteed future value – 100% of the residual value is guaranteed
  • End of term process – Auto Financial Group completely manages the disposition of the vehicle

Program Summary:

  • Walk Away Balloon Loan (Direct channels and Indirect Channels*); Lease (Indirect Only)*
  • New and used vehicles up to 5 calendar years old
  • Flexible terms from 24-72 months
  • Flexible annual mileage allowances including 7.5K, 10K, 12K, 15K and 18K
  • Discounted fee per funded loan on Walk-away Balloon and Leasing programs

*Please note that this integration is only for the direct balloon loan program.

Lender Benefits:

  • Higher yield than conventional auto financing
  • Improved member retention
  • Expanded market share/portfolio growth

Borrower Benefits:

  • Lower monthly payments than conventional financing
  • Reduced/eliminated negative equity
  • No pre-payment penalties or early termination fees

Look before you leap!  Remember that while we have completed an interface with this vendor, that interface may not necessarily include all the functionality that vendor offers, or it may not support the specific product you are considering from that vendor. If what we built doesn’t meet your needs and you want us to build something different with this vendor, visit the DHD store to start a new custom project request.

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